ManpowerGroup (MAN) Misses Q1 EPS by 72c

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Go back to ManpowerGroup (MAN) Misses Q1 EPS by 72c

ManpowerGroup Reports 1st Quarter 2020 Results

April 21, 2020 7:30 AM EDT

MILWAUKEE, April 21, 2020 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $0.03 per diluted share for the three months ended March 31, 2020 compared to $0.88 per diluted share in the prior year period.  Net earnings in the quarter were $1.7 million compared to $53.5 million a year earlier.  Revenues for the first quarter were $4.6 billion, an 8% decline from the prior year period. 

The current year quarter included restructuring costs, which reduced earnings per share by 68 cents, and a previously disclosed non-cash pension settlement charge, which reduced earnings per share by 11 cents.... More